News

Newly Listed Homes in Short Supply, Down 12% in January

Newly Listed Homes in Short Supply, Down 12% in January

Fewer homes than ever were for sale in January, but homebuyers snapped up what they could before mortgage rates rose further. Seasonally adjusted new listings fell 12.4% month over month, bringing the number of homes for sale down 2.6% to a[...]
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Real Estate Investors Are Buying a Record Share of U.S. Homes

Real Estate Investors Are Buying a Record Share of U.S. Homes

Real estate investors bought a record 18.4% of the homes that were sold in the U.S. during the fourth quarter of 2021, up from 12.6% a year earlier and a revised rate of 17.4% in the third quarter.We define an investor as any institution or[...]
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Housing Market Update: Homebuyers Face the Fastest, Priciest Market on Record

Housing Market Update: Homebuyers Face the Fastest, Priciest Market on Record

Homes sold faster than ever during the four weeks ending February 13, as a record 57% of homes that went under contract did so within two weeks of being listed. People buying homes now are paying more than ever before, too—a median $1,997[...]
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Rental Market Tracker: Asking Rents Rose a Record 15% in January

Rental Market Tracker: Asking Rents Rose a Record 15% in January

Average monthly asking rents in the U.S. increased 15.2% year over year to $1,891 in January, the largest annual jump since at least February 2020 (Redfin’s rental data goes back through February 2019). Meanwhile, the national median[...]
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Housing Market Update: New Listings Gain Steam, Met by Hearty Demand

Housing Market Update: New Listings Gain Steam, Met by Hearty Demand

Home-selling activity is finally gaining some steam. The number of homes newly listed for sale during the four weeks ending February 20 was down just 2% year over year, the smallest decline since mid-November. More new listings were met[...]
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